FISCAL CLIFF STORIES
Minnesota lawmakers in the House of Representatives were split on their vote late Tuesday on legislation to avert the "fiscal cliff." Three of the state delegation's four Republicans voted against the deal, with Rep. John Kline crossing over to side with a majority of Democrats.
The cushion of the fiscal cliff might feel a little prickly, especially considering the glass ceiling we are about to crash through.
With a holiday cliffhanger now history, one might assume the U.S. Congress is enjoying a positive image makeover. Think again.
The uncertainty in Washington is affecting tax preparers on main street.
Minnesota's representatives voted along party lines on the bill to keep the U.S. from driving off the so-called "fiscal cliff" - with two notable exceptions.
Legislation to block the "fiscal cliff" is headed to the White House for President Barack Obama's signature. The bill will avoid, for now, the major tax increases and government spending cuts that had been scheduled to take effect with the new year.
In a 2 a. m. vote on New Years Day, Minnesota's senators voted to support a compromise on the fiscal cliff.
Legislation to negate a fiscal cliff of across-the-board tax increases and sweeping spending cuts to the Pentagon and domestic agencies is being debated in the House.
A Democratic aide says the White House and congressional Republicans have reached an agreement to avert the so-called fiscal cliff.
President Barack Obama says "the hour for immediate action is here" on a deal to avert the fiscal cliff.
With the countdown on to the fiscal cliff deadline, Hamline University professor and political analyst David Schultz says lawmakers do have options.
The executive director of Minnesota's State Board of Investment is keeping tabs on the stock market volatility related to the policy debate in Washington over taxes and spending.